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4 At the end of the current year, XYZed Company failed to record the purchase of some goods and als failed to include these goods

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4 At the end of the current year, XYZed Company failed to record the purchase of some goods and als failed to include these goods in its ending inventory For the current year, these two errors caused: HINT: In this situation, goods available for sale is affected: is it too high or too low? To where does that error flow through? (Note: Once submitted, your response cannot be edited.) Coods available for sale, cost of goods sold, and income to be overstated Ending inventory, cost of goods sold, and retained earnings to be understated Ending inventory, goods available for sale, and retained earnings to be understated No effect on income working capital, or retained earnings Submit

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